Federal Trade Commission Announces Huge Refunds for Victims of Benefytt's Deceptive Health Insurance Scam

Tuesday, 19 March 2024, 11:02

The Federal Trade Commission (FTC) is set to return almost $100 million to consumers who fell victim to Benefytt Technologies' fraudulent health insurance schemes. Around 500,000 individuals in the U.S. were misled into purchasing counterfeit health plans, and the FTC's initiative aims to provide refunds to those affected, signaling a significant win for consumer protection and enforcement against fraudulent practices in the health insurance market.

https://store.livarava.com/d06c98aa-e5e0-11ee-9684-5254a2021b2b.jpe — Federal Trade Commission Announces Huge Refunds for Victims of Benefytt's Deceptive Health Insurance Scam

FTC to Refund Nearly $100M to Buyers of Benefytt's Bogus Health Plans

Nearly half a million U.S. consumers lured into buying sham insurance from Benefytt Technologies will get refunds.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

FTC to Refund Nearly $100M to Buyers of Benefytt's Bogus Health Plans

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